[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.09.14 11:34
• [China's first single furnace Jinhua furnace with a daily coal input of 3000 tons]
• Recently, Shanxi Lu'an Chemical Machinery (Group) Co., Ltd. exclusively manufactured the first Jinhua furnace in China with a daily coal consumption of 3000 tons per furnace, which has been successfully put into operation in the Xinlianxin Chemical New Materials Project in Henan. The project is equipped with 2 sets of coal water slurry water-cooled wall gasification furnaces, Jinhua furnace, operating in one on one standby mode, with a gasification pressure of 6.5 megapascals and a total gas volume of 170000 standard cubic meters per hour, relying on bituminous coal to achieve efficient gasification conversion.Editor/Cheng Liting

• 2026.09.14 11:34
• [The world's largest salt cavern compressed air energy storage project unit]
• On September 12, 2026, the world's largest salt cavern compressed air energy storage project, the Huaneng Jintan 2 × 350 MW salt cavern compressed air energy storage power generation phase II project, completed the complete start-up of two main units, with stable and reliable equipment operation, marking an important breakthrough in China's key core technologies and system integration capabilities in the field of large capacity salt cavern compressed air energy storage. Editor/Cheng Liting